Business Taxes

As a business owner, you will be responsible for paying a variety of local, regional and national taxes. These can include income tax, much like employees pay on their income, plus additional payroll taxes, business licenses and permits, sales and use taxes, and self-employment taxes.

The taxes you pay can depend on your line of business, the type of business entity you create, the tax designation you choose and where your business is based. Taxes will differ based on the country and region you are in and can be complicated, so it is wise to consult an accountant and business lawyer to ensure that you are adhering to all relevant laws.

Local and regional taxes
Your tax obligations and filing requirements can vary widely depending on where your business is based and operated.

Consult an accountant or business tax lawyer who is familiar with your industry and area. They can help you understand your tax obligations on the local and regional levels and can recommend ways to minimize your taxes.

Disclaimer: No Legal Advice Intended
This site provides general information related to creating and running a business. The content of this site is for informational purposes only and not for the purpose of providing legal, financial or tax advice or opinions. The contents of this site, and the viewing of the information on this site, should not be construed as, and should not be relied upon for, legal or tax advice in any particular circumstance or fact situation. No action should be taken in reliance on the information contained on this site, and Visa Inc. disclaims all liability in respect to actions taken or not taken based on any or all of the contents of this site to the fullest extent permitted by law. You should contact a solicitor to obtain advice with respect to any particular legal or tax issue or problem, including those relating to your current or potential business.